SUI News Today: Momentum's $MMT Sale Aims to Democratize Sui DeFi Access

Momentum Finance, a leading decentralized exchange (DEX) on the Sui blockchain, has launched its $MMT token community offering on Buidlpad, marking a pivotal step in the project's growth. The offering, aimed at raising $4.5 million, is structured around two valuation tiers to ensure broad participation. Tier 1 participants-those who staked at least $3,000 in eligible Buidlpad HODL pools by October 25-gain access to tokens at a fully diluted valuation (FDV) of $250 million, while Tier 2, open to all KYC-verified users, operates at a $350 million FDV. All tokens allocated in the offering will be 100% unlocked at the Token Generation Event (TGE), with no vesting or lock-up periods.

Momentum, which has attracted over 2.1 million users and amassed $18 billion in cumulative trading volume and $550 million in total value locked (TVL) since its beta launch in March 2025, positions itself as a capital-efficient liquidity protocol optimized for Sui's parallel execution architecture. The platform leverages Uniswap v3-style concentrated liquidity and Programmable Transaction Blocks (PTBs) to enable high-throughput, low-latency transactions, reducing costs and enhancing user experience. Key components of its ecosystem include Momentum DEX, MSafe multi-signature tools, xSUI staking tokens, and Momentum X for real-world asset (RWA) tokenization.

The token sale follows a successful HODL campaign, which incentivized liquidity provision through boosted annualized yields and 2x Bricks rewards. This initiative contributed $277 million in additional TVL, further solidifying Momentum's role as a core liquidity engine for Sui-native applications. The offering also includes a 30% priority allocation for community contributors and content creators, who must submit original material highlighting Momentum's mission and ecosystem by October 22.

The sale timeline includes a KYC and subscription period from October 22–25, a contribution window from October 27–28, and final settlements by October 31. Participants can contribute using SUI, USDC (Sui Network), or BNB (BNB Chain), with subscription fees of 3.5% for allocations exceeding $50. Anti-sybil measures are in place to ensure equitable distribution.

Industry analysts view the $MMT offering as a strategic move to democratize access to Sui's DeFi ecosystem. Momentum's rapid growth, including hitting $1.1 billion in daily trading volume and ranking as the third-largest DEX globally, underscores its potential to become a $10 billion+ protocol. The collaboration with Buidlpad, a platform with over 30,000 verified users, aligns with broader trends of community-driven token distribution in decentralized finance.

[1] Momentum Token MMT Buildpad Community Sale Subscription (https://www.coinlive.com/news/momentum-token-mmt-buildpad-community-sale-subscription-application-guide)

[2] Momentum Ignites the Next Wave of DeFi on Sui - $MMT Community Offering Goes Live on Buidlpad (https://decrypt.co/343773/momentum-ignites-the-next-wave-of-defi-on-sui-mmt-community-offering-goes-live-on-buidlpad)

[3] Momentum Finance will open MMT token community subscription (https://www.qqlink.com/news/6940)

[4] Sui-based Momentum DEX to hold MMT token sale on Buidlpad (https://cryptonews.net/news/altcoins/31770025/)

[5] SUI vs Ethereum: A 2025 Blockchain Showdown - bitrue.com (https://www.bitrue.com/blog/sui-vs-ethereum-blockchain-comparison-2025)

[6] Momentum Ignites the Next Wave of DeFi on Sui - $MMT ... (https://chainwire.org/2025/10/10/momentum-ignites-the-next-wave-of-defi-on-sui-mmt-community-offering-goes-live-on-buidlpad)

[7] Momentum Finance (MMT) Rapidly Emerges as a Core Player in ... (http://www.eblockmedia.com/news/articleView.html?idxno=29687)

[8] Sui Blockchain Surges in 2025: DeFi, Partnerships & ETF Buzz (https://thecurrencyanalytics.com/altcoins/suis-momentum-in-2025-is-no-accident-its-strategy-in-motion-182298)